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mitt romney is down in the race but he's still got a chance. only down 3 points nationally in the journal/nbc poll. in key swing points he's pulling even in florida, down 1, closer in virginia, down 2, he's still down by 8 percentage points in our poll in the state of ohio, which is a problem for this reason. look at the map of swing states. if you look at the ones where mitt romney is running within 4 points of president obama, places like florida, virginia, iowa, missouri where he's ahead, north carolina where he's even or ahead, you add all those to the solid states for mitt montana and the leaning states for mitt romney, he's still only at 263 electorate votes. he needs to bring ohio or other swe swing state, nevada, new hampshire. he's got an unparallel opportunity tonight to come on stage with the president of the united states and make his case, larry. >> john, the wall street journal poll and others have shown that romney has closed the gap a little pit with president obama at least nationwide and some of the swing states. to what do you attribute this closi closing
romney was going to take down the whole ticket because his campaign had been so ineffective. after the debate they were convinced he wasn't going to. he definitely had a good evening last night. whether or not it's enough to change the momentum in the race we'll know in the next few days. with respect to the plan all the democrats have done ills put a price tag. 20% across the board tax cuts make them permanent. >> that's a lie. what he said it's going to be cost neutral. >> he didn't say that until last night. >> that is just not right. he said it when he rolled it out. he said it in his speeches. >> he hasn't said how he's going to raise any revenue to make up for the losses in the tax revenue. >> since 1986 larry remembers it well. >> lower the rates, broaden the base. by the way he also said that the 17% duck bucket for deductions, that's the most anyone's going to get. the upper end bucket will be even smaller. before we get into this policy thing, look, your boys are going negative now, okay? that is a tipoff they are scared to death that romney was a game changer. obama said
in virginia. he had been down four or five before. the bad news for romney in these three polls is that in ohio, a state that is critical, romney strategists think they have to win florida and ohio to get to 270 electoral votes. he's still down eight percentage points, and what we've seen across these polls is that obama is increasingly competitive with romney on who would do best to handle the economy. but the fact that we've got a little bit of movement nationally and movement in florida and virginia tells me that there's still some play in this electorate, in this contest, and that's the hope for romney going into this debate tonight. >> what do you think happened in florida versus in ohio? because for a while, they were both tracking. i mean, florida by the gallup poll, he was down by nine points, romney was. what happened in florida? >> there was a poll last week that showed florida down nine for romney. i think that's too high. the campaign has begun advertising -- the romney campaign, that is, advertising more heavily in florida than they had been previousism we see in ou
is will the headline 7.8% do anything to slow down mitt romney's rise? let's talk. igor volski, and steve moore. good evening, gentlemen. steve moore, it is possible that the economy is doing a little better or did better in september than people think. i don't want to defend the number but the bureau of labor statistics say the economy is not as bad as some people think. >> it was a decent number, no question about it. barack obama got his four-year wish list. he got that 7 in front of the unemployment rate number, which he's wanted for a long time. i'll say what i say in our editorial tomorrow. the labor market still stinks, larry. this is a lousy labor market. we still have 14.6% people who are unemployed when you include the people who can't find a full-time job, when you include all those people who dropped out of the labor force, that's 23 million people. i wanted to emphasize one thing with your conversation with jack welch. jack was right about one thing. there are only 10,000 added in terms of government jobs in the new report but all of the additional -- the revised upward jobs numbers for
. >> right now it's down to about 66% in trade obviously suggesting romney got a big boost. >> mini flash crash. >> among our political guests this morning ready to talk about the road to election today, arianna huffington will be our guest host. huffington "post" obviously has a left bent, but it was declaring romney won the debate. ken duberstein will join us, as well. >> i was reading some of your tweets last night, john, and i liked your tweet. i tell you what i took away from the entire debate because i want to let you say it, but i saw what's possible in a life spent without any alcohol. i saw what i could have possibly been -- i saw how i could have possibly been able to talk if i had all the brain cells that i started with. and that was what i came away with. that i just wish in a maybe i had considered that path maybe of being, you negotiation life of sobriety. anyway, what did you think, john? >> well, romney considered that path and he took that path, joe, and he tried to press his case last night. the challenge for him was to come out with the kind of aggression that could sco
romney looking right at the president, but then the president either looking away or looking down. he looked like someone who was simply not ready, who did not want to be there. he didn't want to be at that debate. at some point you also felt like he thought it was beneath him to be there. but mitt romney enjoyed every minute of it and he really trounced barack obama every point of that debate for an hour and a half. >> obviously everyone in this debate has their own side, so i guess you would say that. but boris, doing well in a debate is one thing. i imagine to persuade an entire country to vote for you when you've already said publicly that you only really care about less than half of them is quite another, isn't it. he has a lot of ground to make up. >> that's not what mitt romney said. he didn't say he only cares about 53% versus the 47% which i assume that's what you're rivering to. what he said is that 47% of the country would not respond to his message about lowering or cutting taxes because they already don't pay taxes. mitt romney is showing time and time again that he's goi
for that component. services was down in september but still above the 50 point. i don't think romney turns to obama and says we are doing gangbusters on jobs but they are in the 200,000 range. >>> housing the other part of the story. one more sign that the housing market may be creeping back. mortgage applications surging almost 17% last week. but as more people are looking to buy, that is not good news for the rental market. new numbers out today raising new questions about whether there will be enough demand for all of those new apartment buildings. diana olick joins us with some worrying new figures. diana. >> reporter: yeah, that's right, sue. apartment demand had been red hot but we've got new numbers out do that show we may have reached the peak. apartment vacancies are still coming down but now at the smallest rate in over two years. absorption of new units also slowing and rent gains coming way down as well. this is an avalanche of new apartments coming online, multi-family housing starts were up 37% in august from a year ago. between 160,000 and 200,000 new units will open in kw? a where h
-- >> about 9% down on the president. >> and up to 26% on governor romney. actually, larry kudlow with us as well. >> maria? >> yes, john? >> i want to say, i think you were right about the president being on the defensive. one of the things that came out of the two conventions is that the democrats, bill clinton helped president obama in this, shifted this from a referendum election on president obama's performance to a choice election. i think this -- the effect was to pull it back to a referendum election and put president obama on the defensive. he's the one with the record. and the american public is not in a great mood right now. >> he has to defend that record. that's what he tried to do tonight. governor romney was much more specific in term of his plans going forward. in terms of job creation, tax reform, even in terms of getting back to economic growth. larry kudlow with us as well. larry, what's your take? >> i thought that this was a tremendous victory for romney. this is a different, different romney than the one at the convention. he was specific and crisp and precise and en
-- what happens if romney is elected and decides to go down the austerity program, slashing government spending, puts someone else in charge of the federal reserve and the person decides we need to get a lot the of the programs quickly. >> even if we stopped the programs then the economy looks bad and when i get worried it's late 2013 and we're in a recession, oh, we didn't mean to go here. what are we going to do and i'm wondering do the democrats come back and try inflation again? i would argue that inflation is probably the worst problem because the republicans are going to chicken out. >> and it lasts much longer. john, thanks. we're going to spend more time with you as soon as we can. >> we're going to take a quick break. as we head to that break we'll talk about the rams disrupting the cardinals undefeated season in thursday night football. highlights in this weekend's key matchup are after this and still to come obama surrogate and maryland governor martin o'malley, he was in denver for the debate, heard both candidates take on job creation and the economy. he'll join us at the
's jobs report and barack obama and mitt romney are hunkering down for debate prep. the two candidates square off in colorado wednesday. today is monday, october 1st, 2012, and "squawk box" begins right now. >> good morning. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen an andrew ross sorkin. the dow is almost within 5% of itl-
. this morning, it was down to 66% probability. romney moved up 10 percentage points. dan loeb on facebook had put last week out a note that you ought to buy the romney futures because they were so depressed. i don't know how the money works in that thing, but he made ten points on the upside. >> wonder what the capital gains treatment is on that. >> that's a good question. >> rick santelli, i haven't even talked about march you draghi. he had an impact on the markets early on today, didn't he? >> he definitely did. if i look at interest rate complex between the mario draghi influences, the euro rally. we saw interest rates on the safe harbors like ten-year notes move higher. the stocks really grasping in and getting close to triple digits has put the ten-year pretty much at the top of what has been an eight-trading day, 5 1/2 basis point closing range. the boon, which closed a bit ago, is in a 2 1/2 point basis range for seven trading days. it's somewhat amazing. the issue with draghi remains. he moves foreign exchange a lot. they think he has that bazooka. we're not sure if he has the fuse a
romney briefly unveils his version of tax reform ahead of tonight's presidential debate. but will it work to close the gap in the polls? we'll break it all down right here on the "closing bell." when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. apple helping to push the nasdaq higher for a second straight day. we said this yesterday, but it's worth repeating. apple accounts for just under 19% of the nasdaq 100. let's get to bertha coombs. >> it really is the big apple. yesterday we saw a technical reversal and a technical levels. apple shares fell below their 50-day moving average and zoomed back up. if you look at that chart, they are extending gains here today. also, apple changing the landscape, perhaps. reports say it's set to put out a mini
too. governor romney plans to let wall street run wild again, but he's going to bring down the hammer on "sesame street." >> i know everybody wants to be sympathetic to big bird and to "sesame street." i love the product. it was started the year i was born. >> thanks, bring that up. >> why does taxpayer money need to go to a product that is clearly so profitable? they have toys. they have games. they make money from licensing and revenue. why do taxpayers have to subsidize that? as a stand alone business, "sesame street" will do just fine. >> doesn't the profit from all those toys go to the nonprofit group? there's a children's television workshop that gets the money. >> they nonprofit, so why does taxpayer money subsidize a nonprofit? >> you can make an argument easily that helping a start-up organization like that 40 years ago, look at the good it's done in the country. >> so now 40 years later we should still keep funding them? >> your point seems to be like we should shut it down because, why, the company was successful? >> no one is talking about shutting down pbs. no one is talk
companies down there, what do you see their stuff going from here and what do you think if romney's elected president? >> it's not as good if romney's elected president. because what happened is the health companies they went all in under obama. they did win. unh goes higher with president obama is re-elected. if you love playing kick the can as a kid, as i did, you should have adored as an investor in an industrial based company, the kick the can theory, our stocks go higher. >>> coming up , ipo stud or dud. but does this cloud play offer enough profit to bring investors back to the table. find out when you get to know this ipo. >>> and later, up, up and away? amazon has already sold almost 50% this year and google is up over 15%. but could these two market leaders continue to climb? or will they fall back down to earth? don't miss cramer's take. >>> plus, healthy dividend? medical properties trust owns care facilities nationwide, as affordable care makes political headlines. does this mean give your performer a -- as cramer sits down with a ceo just ahead. all coming up on "mad money." wh
from not only the wall street poll but swing states poll. you mentioned that mitt romney's closed the deficit among likely voters for obama from five points to three points. and in florida, he's closed from five down to one which is tied given the margin of error in our poll. in virginia, he has closed the gap from five to two. if you look at the state of ohio, a must-win state for mitt romney, mathematically possible for him to get to it without it but his strategists think he needs it. he needs to make progress there. but the fact that some of the national polls are coming back a little bit, some of the swing state polls are tightening, is a bit of an earn couragement for romney that he still has an opportunity for deficit with three or four points to change the dynamic in some way. he's got to hope that obama is not on his best game. you could have a scenario that like what happened in 2000 where george w. bush moved significantly without gore and ultimately became president. >> it's interesting that the poll also shows, as you mention, this 12% of swingable votes in the middle
out with last night and this morning, mitt romney's only trailing by three points nationally. that's down from a five-point margin a couple weeks ago. he's 9/11 florieven in florida,. he still trails in ohio by five points. that's a big problem. he needs to win the state of ohio. that just shows he has an opportunity tonight. three other big economic issues they're going to be talking about, first of all, on taxes. mitt romney hasosed a 20% across the board rate cut for individuals, but he hasn't specified how he's going to pay for that without increasing the deficit or increasing the burden on middle and low-income workers. president obama will press him on that. by the same token, p obama says he wants to cut the corporate rate from 35 to 28. he hasn't specified how he's going to pay for that. on jobs, you can expect to hear mitt romney talk about on net since january 2009 when barack obama took office, hardly any jobs created. barack obama will talk about a time line beginning in early 2010. since then, 4 million private sector jobs have been created. finally, medicare, the big
's debate. his in-rate contract down 7%, but do stocks have to start pricing in a romney rebound? >> the ecb standing pat on rates as expected as the pressure on spain to file for a bailout eases with borrowing costs a little lower this morning. markets looking ahead to tomorrow's jobs number and the start of earnings season next week. >> it's back. facebook hits the billion user milestone. 1 billion monthly active users as of september 14th. this as its ceo does the rounds, appearing on the cover of "businessweek" and giving nbc an exclusive interview. we've got some of that exclusive later on in the show. >>> and how bad can things get at hp? meg whitman knocks down guidance, sending shares down to nine-year lows. we'll talk to her directly in just a moment. >>> the first presidential debate is now in the books. mitt romney went on the offensive, pushing his pro-growth agenda while taking president obama to task on his jobs and economic record. president arguing romney's plan on taxes and the deficit are the same types of ideas that caused the recession. here's what romney had to say about
down just over 16%. >>> practice time is over. tonight, president obama and mitt romney get set to do it for real. the men will meet face to face in the first of three presidential debates in denver, colorado, that happens at 9:00 p.m. eastern. the latest nbc "wall street journal" poll shows the president still holds a narrow 49% to 46% lead over romney. 53% of voters say the nation is on the wrong track, but that is the best number in three and a half years. nearly 60% believe the u.s. economy is recovering. we're going to have full debate coverage for you. we start a little bit earlier than that debate. cnbc's coverage begins at 8:00 p.m. eastern. be sure to tune in for the very latest. >>> stay tuned. in about ten minutes time, we'll have a preview of what to expect and what's at stake with our very own democrat-republican panel. that's coming up for you here on "worldwide exchange." we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whoosh
that have to spend far less retrofitting facilities under romney staffed epa. i would be a seller of the consol energies and the peabodies in the strength. i take down union pacific. it is the carrier of clean coal. i would never recommend a company on this show with bad fundamentals. but they can be justified even with this sitting president. the pure coal plays are faltering fundamentally. there is no way i'm going to buy them based on some off handed debate patter. you want a battleground stock that could go either way depending upon the election? consider this first statement by the president about corporate jets. >> why wouldn't we eliminate tax breaks for corporate jets? my attitude is if you got a corporate jet, can you probably afford to pay full freight, not get a special break for it. >> now watch romney on defense. >> finally, military. the president's re-elected, you'll see dramatic cuts to our military. the secretary of defense said these would be even devastating. i will not cut our commitment to our military. >> if you're like me, you realize the general dynamics is
that the rally has to do with the strong showing by governor mitt romney last night in the first presidential debate of the 2012 election. let's get to courtney reagan. she's breaking down the stocks today that moved or could have been moved in one direction or another as a result of that. over to you. >> thank you, maria. mitt romney did need to revis revitalize his campaign. it looks like he did it last night. wall street took some notice today. coal stocks, one of the big winners in today's trading after romney made this comment to president obama. >> by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy independent so we can create those jobs. >> if you're bullish on coal, you're going to like this. take a look at how we performed today in the sector. arch coal up almost 8%. alpha natural up almost 7%. utility stocks also higher. wells fargo saying this is a sector that could do well under a romney administration. we have con ed up about
of having a market that's at least respectable. >> we're also counting down to an election right now. you seem to view the prospect of a romney resurgence rather positive. why? >> i don't believe that another four years of what we've just seen is going to get us out of the woods. for that reason, i think it's time for a change. if i look at what obama is projecting, it will be higher taxes, higher debt, and it will bei be not much else other than more government spending. and that won't make the difference. so i think fiscal uncertainty has to be removed in order for the corporates to spend the huge amount of cash that they're holding. and at this point not investing. the fiscal -- i don't want to call it the fiscal cliff because that's not so important. the question is getting certainty into the situation for corporates to invest again. >> okay, good to have you on on. plenty more to come from you. but what do you think the jobs number will be? let us know. e-mail or tweet us. so just over an hour into the trading day here in europe. let's show you where we stand. just weighted to the up
recommend stocks. it is going to send sprint further down. jim, are you abandoning sprint? because t mobil is not going to buy them. i'm jcram jim kramer and i will you tomorrow. larry, what are you looking at tonight? >> mitt romney floats and idea to cap keyductions across the board. we set up our own debate. those are the topics we are going to tackle. and this evening. listen to vice president joe biden on the trail. it is the gift that keeps on giving. >> how they can justify. raising taxes in the middle class. it has been buried in the last four years. how in the lord's name. >> that is nodt a froidian slip. plus three stories that happen to break before the election. a leftist new york attorneyy general looking to bash banks and that is as phony as a $3 bill. also a judge strikes down pennsylvania's voter id law and the obama administration is telling companies it is okay to disregard the law when it comes to handing out pink slips in advance to big budget cuts. all three happening before the election. mitt romney has finally put meat on the bones of his tax reform idea. he
-- >> home field advantage, baby. >> like you're two touch donees down in the late four quart in the election. you're dreaming just as much about that. >> let's talk about the election actually. we were talking before the break, so we have the colorado poll saying romney will win. ras mmussen up two for romney. >> do not bring up rasmussen. >> and chuck todd yesterday on meet the press talking about the enthusiasm gap. >> reuters has obama up. >> so how do you read it this morning? >> romney has some momentum from the debate. i think the debate is a more powerful political force in the race than the unemployment numbers that came out. we were all talking about those on friday. but you had more than north of 60 million people watching these two guys on wednesday night and you see some momentum, democrats say the gap has narrowed in some states where obama had a lead. he's getting closer in most of the swing states. up two in rasmussen, down three in gallup. and the question is does this week continue that momentum. the vice president debate in the past has been critical for either accelerating
't have to look it, is he it. he is it. mitt romney is a good debater, the president is a good debater. there will be no knockout punch but they'll have to be solid in order to move the ball down the field. >> we saw a clip in the previous segment from fox over the weekend with ryan and the big issue was the details on the tax plan. how much more in terms of details do you expect we'll learn from romney and by the way, are we going to learn any more details in terms of what president obama's planning to do? i'll go to you, morris, with that first in. >> we don't have any details on what the challenger is going to do. governor romney said he'll create 12 million jobs and the president has laid out a vision, put a marker in the ground and does have a track record to run on if you look at what he's been able to do in four years in moving us from the worst economy, almost a depression to where we are now in a recovery moving in the right direction. the devil will be in the details and the governor just can't sit there and say i'll create 12 million new jobs, trust me. >> terry, do you come
Search Results 0 to 24 of about 25 (some duplicates have been removed)